EMLC seeks to replicate as closely as possible, before fees and
expenses, the price and yield performance of the J.P. Morgan GBI-EMG
Core Index (GBIEMCOR), a rules-based, market capitalization-weighted
index that is designed to be investible and includes only those
countries that are accessible by most of the international investor base.

“We’re pleased to lower EMLC’s expense cap, which already had the lowest
net expense ratio among the EM local currency and dollar-denominated
ETFs in the marketplace,” said Adam Phillips, Chief Operating Officer of
Market Vectors ETFs. “Wherever possible, we look to reduce fees and
expenses and pass those savings along to investors.”

EMLC was the first U.S.-listed ETF to focus on local
currency-denominated bonds of emerging markets governments at the time
of its launch, and currently has over $791 million in AUM. The Fund was
recently joined in the Market Vectors ETF lineup by another
first-of-its-kind offering in emerging markets, Emerging
Markets High Yield Bond ETF (NYSE Arca: HYEM), launched in May 2012
which seeks to track an index that focuses exclusively on
dollar-denominated high-yield corporate bonds issued by companies from
emerging markets countries. Together, EMLC and HYEM provide two
different ways to invest in emerging markets debt.

“The development of EM debt markets over the past several years has been
impressive”, said Ed Lopez, Marketing Director at Market Vectors ETFs.
“Low default rates among corporate bond issuers, investment grade credit
ratings among most sovereign issuers in EMLC’s index and generally
higher yields currently than comparable developed world issuers make a
compelling case for investing in emerging market bonds.”

Market Vectors exchange-traded products have been offered since 2006 and
span many asset classes, including equities, fixed income (municipal and
international bonds) and currency markets. The Market Vectors family
currently totals $23.6 billion in assets under management, making it the
fifth largest ETP family in the U.S. and eighth largest worldwide as of
June 30, 2012.

Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955,
Van Eck Global was among the first U.S. money managers helping investors
achieve greater diversification through global investing. Today, the
firm continues this tradition by offering innovative, actively managed
investment choices in hard assets, emerging markets, precious metals
including gold, and other alternative asset classes. Van Eck Global has
offices around the world and manages approximately $32 billion in
investor assets as of June 30, 2012.

There are risks involved with investing in ETFs, including possible loss
of money. Shares are not actively managed and are subject to risks
similar to those of stocks, including those regarding short selling and
margin maintenance requirements. Ordinary brokerage commissions apply.
Debt securities carry interest rate and credit risk. Interest rate risk
refers to the risk that bond prices generally fall as interest rates
rise and vice versa. Credit risk is the risk of loss on an investment
due to the deterioration of an issuer's financial health. The Funds'
underlying securities may be subject to call risk, which may result in
the Funds having to reinvest the proceeds at lower interest rates,
resulting in a decline in the Funds' income.

Investments in emerging market securities are subject to elevated risks
which include, among others, expropriation, confiscatory taxation,
issues with repatriation of investment income, limitations of foreign
ownership, political instability, armed conflict and social instability.
As the Funds invest in securities denominated in foreign currencies and
some of the income received by the Funds will be in foreign currency,
changes in currency exchange rates may negatively impact the Funds’
return. The Funds will generally invest a portion of its assets in Rule
144A securities. Rule 144A securities are restricted securities. They
may be less liquid than other investments because, at times, such
securities cannot be readily sold in broad public markets and the Funds
might be unable to dispose of such securities promptly or at reasonable
prices. A restricted security that was liquid at the time of purchase
may subsequently become illiquid.

The “Net Asset Value” (NAV) of a Market Vectors exchange-traded fund
(ETF) is determined at the close of each business day, and represents
the dollar value of one share of the fund; it is calculated by taking
the total assets of the fund, subtracting total liabilities, and
dividing by the total number of shares outstanding. The NAV is not
necessarily the same as the ETF’s intraday trading value. Market Vectors
ETF investors should not expect to buy or sell shares at NAV.

Fund shares are not individually redeemable and will be issued and
redeemed at their NAV only through certain authorized broker-dealers in
large, specified blocks of shares called “creation units” and otherwise
can be bought and sold only through exchange trading. Creation units are
issued and redeemed principally in kind. Shares may trade at a premium
or discount to their NAV in the secondary market.

Investing involves substantial risk and high volatility, including
possible loss of principal. Bonds and bond funds will decrease in value
as interest rates rise.An investor should
consider the investment objective, risks, charges and expenses of the
Fund carefully before investing. To obtain a prospectus
and summary
prospectus, which contains this and other information, call
888.MKT.VCTR or visit marketvectorsetfs.com.
Please read the prospectus
and summary
prospectus carefully before investing.